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Whats wrong with me?
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WYDave
Posted 6/7/2008 00:26 (#392145 - in reply to #392123)
Subject: RE: Whats wrong with me?


Wyoming

No one can call a top, just as no one can call a bottom.

And all of us are lousy at predicting the future in a market.

Rather than think about whether corn will get to $X up or $Y down, think about a plan to implement in the event those price levels are reached. Those prices might never be reached, but if corn when up to, oh, $10 by September, have you thought at all about what you would do? Same deal on the downside - if corn falls back to $4, do you have a plan in place for what you're going to do?

 

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